Elliot_Myers
Long

C Wave Impulse Buy Set For Oil

FX:USOIL   Crude Oil (WTI)
Price action likely to consolidate around weekly resistance at 39.63 before advancing to the next weekly resistance at 49.08 before pushing upwards to 50.68 where the physiologically important $50 oil             mark will likely cause the liquidation of long positions and a sharp correction downwards.

Buy entry point at any failure to break before between 42.32 - 41.42
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